As global slack dissipates, central banks will have to consider how to move forward.
GDP data for Canada and the U.S. to be released
Because the hike isn't about tighter monetary policy.
Global growth may be strengthening, but, when it comes to global private investing, the outlook may not be so rosy if central banks start tightening, reports PIMCO in a cyclical outlook report. Read: Global growth hinges on fiscal stimulus: OECD For instance, the report forecasts world GDP growth of 2.75% to 3.25%, and CPI inflation […]
Canadians can look forward to firmer and more geographically balanced growth in 2017, says CIBC report. But there are also risks to monitor.
Here's what to expect from the Bank of Canada next week and in the year to come.
No one can predict the future, but take a look at these potential economic scenarios, courtesy of BMO’s five-year outlook for 2017 to 2022. Slow and steady wins the race. The most likely scenario (70% probability) is a stable continuation of a U.S.-led global recovery. Emerging markets expand at a faster rate on the back […]
The Bank of Canada has released its 2016 autumn review. It offers details on: the role of central banks in financial stability; commodity-price super cycles; changes to the Bank’s emergency lending assistance policy; and the Bank’s market operations and liquidity provision. Read: PM tries to score billions from institutional investors In a section on emerging […]
China’s economy is on the mend, even though long-term challenges are still in the cards.
Through the evolution of international trade practices, global economies are becoming more integrated. And this will weigh on the effectiveness of monetary policy, says BoC's Poloz.